FX.co ★ Japan Swings to Heavy Foreign Bond Selling as Holdings Drop ¥1.85 Trillion

Japan’s foreign bond flows saw a sharp reversal, with investors turning from large-scale buying to significant net selling, according to data updated on 11 November 2026.

The previous reading showed net foreign bond purchases of ¥1,312.0 billion, but the latest figure has dropped to ¥-537.6 billion. This implies a swing of roughly ¥1.85 trillion from net buying to net selling, highlighting a marked shift in Japanese investors’ appetite for overseas debt securities.

The move from positive to negative flows may signal changing market conditions or shifting portfolio strategies among Japanese institutions, with implications for global bond markets that have long counted on steady Japanese demand.